CONTEST DESCRIPTION

In this free contest, your task is to design a cover for a scientific journal article regarding bank failures and regulation.

We are looking for a cover design for a scientific journal, to accompany an article concerning financial regulation. Particularly, the paper addresses the issue of 'herding', in which many banks all try to do the same thing (ie invest in the same assets); and therefore if one bank fails, many others will also fail (since they are all behaving similarly). So we are advocating for the regulators to create incentives for banks to behave in diverse and different ways, so that it is unlikely that multiple banks will fail at the same time. We were envisioning a design that is related to the financial crisis/bank failures. It should involve the idea of herding behavior (or lemmings, or anything that is representative of many individuals all trying to do the same thing), or of the regulator trying to keep banks apart when they want to behave similarly.

Article synopsis:

Our paper addresses systemic risk in the financial banking system. The recent worldwide financial crisis has made many realize that it is not enough to consider each bank individually - we must think about the financial system as a whole, and financial regulation must also take this 'systematic' perspective into account. Our paper explores a particular issue relevant to systemic regulation, namely the issue of 'herding', in which many banks all behave similarly (ie invest in the same assets). Herding creates danger for the entire financial system because if banks are herded, then when one bank fails, many others will also fail (since they are all behaving similarly). So it is important for the regulators to create incentives for banks to behave in diverse and different ways, so that it is unlikely that multiple banks will fail at the same time.

PRIZES

The top entry that the client chooses will receive $1500. Furthermore, they will submit the winning design to the journal as a possible cover, and should the design be selected by the journal, they will pay the artist an additional $1500.

The second entry that the client chooses will receive $500.

The top voting winner will get 100 credits.

CLIENT RULES

One full page design is needed, 8.5" x 11".

There should be no text in the design, the image should speak for itself.

The design can contain any colors.

Entries may contain gradients.

The design style must be professional. Their target audience is a broad range of academics from across the social and natural sciences.

Your design should be compelling, professional, crisp and attractive.

They are envisioning a design that is related to the financial crisis/bank failures. It should involve the idea of herding behavior (or lemmings, or anything that is representative of many individuals all trying to do the same thing), or of the regulator trying to keep banks apart when they want to behave similarly.

If you use photographic sources they must either be in the public domain or legally purchased with proof and you must link to their web-source in your authors comments or risk disqualification.

The client would like EPS files uploaded.

Before entering this contest you must read this thread.

GENERAL RULES

Please upload your vector file (.ai or .eps) or high resolution photoshop files with all layers and elements intact (.psd), to the corporate files attachment area at the time you submit an entry (you will be prompted after uploading your image).

Do not enter slight variations of your logo as separate entries. Enter them as a single entry.

Your "main file" must be a single image view of your design. Any multiple views or variations in design must be uploaded as a separate file within your entry.

Please leave some white space at the bottom of your entry so the worth1000 watermark doesn't overlap it.

Any questions about what is desired by the client may be sent to corporate@worth1000.com.

The client will be granted the full rights to all aspects of the submission of their choice as a work-for-hire in exchange for the prize mentioned above.

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Scientific journal cover regarding bank failures and regulation

The contest has received 46 Logo Design submissions from 34 creatives.

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